278 Commerce ParkRidgeland, MS 39157

Property Details for 278 Commerce Park

Year built

2003

Lot size

1.00 AC

Property size (Sq ft)

8,209 SF

Property type

Office properties

Property subtype

Other office properties

APN

072I-30B-004/09

APU

072I30B00409

• CAP approach

  CAP return

  Valuation

  6%

  $1,182,787

  6.5%

  $1,091,803

  7%

  $1,013,817

• Comparable approach

  Method

  Valuation

  Relative Method

  $626,190

  Geo Method

  $1,601,248

• Alternative Use

  Use

  Valuation

  Residential

  $1,353,836

  Hospitality

  $1,240,106

  Educational

  $1,031,754

  Medical

  $1,067,238

  Retail

  $1,604,951

Location Insight

City

Ridgeland

County

Madison

State

Mississippi

Latitude

32.4248

Longitude

-90.1353

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $80,592
• Tax year
  2023
• Tax bill
  $8,685

FAQs

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